Farmers & Merchants Bancorp (FMCB) stock
FMCBOTCNational Commercial BanksFiscal year ends December 31
$1438.88−6.44 (-0.45%)
Close on Oct 19, 2026Market cap $981.93MP/E 10.1Yield 1.34%
Farmers & Merchants Bancorp profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Farmers & Merchants Bancorp's profit margin for the twelve months ending Sep 30, 2026 was 38.8%. For fiscal 2025 it was 38.6%, against 38.9% the year before. The highest annual figure on record is 38.9% in fiscal 2024.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 38.6% | −0.3 |
| FY2024 | Dec 31, 2024 | 38.9% | +0.6 |
| FY2023 | Dec 31, 2023 | 38.3% | +0.8 |
| FY2022 | Dec 31, 2022 | 37.6% | +1.1 |
| FY2021 | Dec 31, 2021 | 36.4% | +0.8 |
| FY2020 | Dec 31, 2020 | 35.6% | +0.1 |
| FY2019 | Dec 31, 2019 | 35.5% | +3.2 |
| FY2018 | Dec 31, 2018 | 32.4% | +9.7 |
| FY2017 | Dec 31, 2017 | 22.7% | −4.3 |
| FY2016 | Dec 31, 2016 | 26.9% | −0.1 |
| FY2015 | Dec 31, 2015 | 27.0% | −0.3 |
| FY2014 | Dec 31, 2014 | 27.3% | +0.4 |
| FY2013 | Dec 31, 2013 | 26.9% | +0.2 |
| FY2012 | Dec 31, 2012 | 26.7% | +1.1 |
| FY2011 | Dec 31, 2011 | 25.6% | +2.7 |
| FY2010 | Dec 31, 2010 | 23.0% | +1.5 |
| FY2009 | Dec 31, 2009 | 21.5% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 38.8% | +0.8 |
| Q2 FY2026 | Jun 30, 2026 | 39.6% | +0.8 |
| Q1 FY2026 | Mar 31, 2026 | 38.8% | −0.8 |
| Q4 FY2025 | Dec 31, 2025 | 37.8% | −0.6 |
| Q3 FY2025 | Sep 30, 2025 | 38.1% | +0.1 |
| Q2 FY2025 | Jun 30, 2025 | 38.8% | −0.4 |
| Q1 FY2025 | Mar 31, 2025 | 39.6% | −0.5 |
| Q4 FY2024 | Dec 31, 2024 | 38.5% | +0.4 |
| Q3 FY2024 | Sep 30, 2024 | 38.0% | −0.7 |
| Q2 FY2024 | Jun 30, 2024 | 39.2% | +2.4 |
| Q1 FY2024 | Mar 31, 2024 | 40.0% | +0.2 |
| Q4 FY2023 | Dec 31, 2023 | 38.1% | +0.3 |
| Q3 FY2023 | Sep 30, 2023 | 38.6% | +1.1 |
| Q2 FY2023 | Jun 30, 2023 | 36.8% | −1.4 |
| Q1 FY2023 | Mar 31, 2023 | 39.8% | +3.1 |
| Q4 FY2022 | Dec 31, 2022 | 37.8% | +3.2 |
| Q3 FY2022 | Sep 30, 2022 | 37.6% | −2.3 |
| Q2 FY2022 | Jun 30, 2022 | 38.2% | +2.3 |
| Q1 FY2022 | Mar 31, 2022 | 36.7% | +3.1 |
| Q4 FY2021 | Dec 31, 2021 | 34.7% | +0.5 |
| Q3 FY2021 | Sep 30, 2021 | 39.8% | +4.8 |
| Q2 FY2021 | Jun 30, 2021 | 35.9% | −0.9 |
| Q1 FY2021 | Mar 31, 2021 | 33.5% | −3.3 |
| Q4 FY2020 | Dec 31, 2020 | 34.2% | −2.4 |
| Q3 FY2020 | Sep 30, 2020 | 35.1% | +0.1 |
| Q2 FY2020 | Jun 30, 2020 | 36.8% | +1.3 |
| Q1 FY2020 | Mar 31, 2020 | 36.8% | +1.8 |
| Q4 FY2019 | Dec 31, 2019 | 36.6% | +2.5 |
| Q3 FY2019 | Sep 30, 2019 | 35.0% | +1.8 |
| Q2 FY2019 | Jun 30, 2019 | 35.5% | +3.3 |
| Q1 FY2019 | Mar 31, 2019 | 35.0% | +5.4 |
| Q4 FY2018 | Dec 31, 2018 | 34.1% | +22.4 |
| Q3 FY2018 | Sep 30, 2018 | 33.2% | +6.0 |
| Q2 FY2018 | Jun 30, 2018 | 32.2% | +5.0 |
| Q1 FY2018 | Mar 31, 2018 | 29.6% | +4.6 |
| Q4 FY2017 | Dec 31, 2017 | 11.7% | −14.3 |
| Q3 FY2017 | Sep 30, 2017 | 27.3% | – |
| Q2 FY2017 | Jun 30, 2017 | 27.2% | – |
| Q1 FY2017 | Mar 31, 2017 | 25.0% | – |
| Q4 FY2016 | Dec 31, 2016 | 26.0% | – |
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